Yoma Strategic Holdings Ltd. (“Yoma Strategic”) and Pernod Ricard have announced that they intend to form a joint venture company which will focus on the production and distribution of whisky in Myanmar. Pernod Ricard will install an internationally experienced management team and become the largest shareholder in the new company. The remaining equity will be […]

Yoma Strategic Holdings Ltd. has announced its partnership with Norfund, a Norwegian state-owned investment fund, to establish distributed generation micropower plants and mini grids for the purpose of generating and distributing electricity to off-grid rural communities and telecommunications towers in Myanmar. According to a statement, electricity infrastructure development is a priority for Myanmar to drive […]

Well-known German automaker Mercedes-Benz is working to find what cars click with local consumers. It has imported about 20 different models in the two years since it opened its first showroom in Myanmar. U Aung Thet Lwin, head of sales and marketing at Cycle & Carriage Automobile Myanmar, the local distributor of Mercedes-Benz, said that […]

Subscribe to our tender alert mailing list Yoma Strategic Holdings, a Myanmar focused, Singapore-listed company primarily involved in real estate, said on Monday that a consortium it formed with two Japanese companies, Mitsubishi Corporation and JALUX Inc., has been selected by the authority of Myanmar as the successful tenderer to “upgrade and operate” the Mandalay […]

MJL Bangladesh has become the first local company to explore the untapped Myanmar market by setting up a joint venture company in the once isolated country. The company got the chance after the central bank recently allowed capital investment outside Bangladesh, a long-awaited demand of the Bangladeshi businesspeople. The joint venture company — MJL & […]